Saudi Arabia deposits $334 mln in Jordan central bank: report

Saudi Arabia has deposited $334 million in Jordan’s central bank and is working with Kuwait and the UAE for more financial support, Al Arabiya reported, quoting finance minister Mohammed Al-Jadaan.

Saudi Arabia alongside Kuwait and the UAE put together a $2.5 billion package in June 2018 to help shore up Jordan’s struggling economy, the report said.

Jordan’s government fell last year after spending cuts and tax rises imposed under an International Monetary Fund (IMF) programme caused rare public protests, it added.